Elevay Citizenship & Residency by Investment

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Egypt

Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilization, Ancient Egypt saw some of the earliest developments of writing, agriculture, urbanization, organized religion and central government. Iconic monuments such as the Giza Necropolis and its Great Sphinx, as well the ruins of Memphis, Thebes, Karnak, and the Valley of the Kings, reflect this legacy and remain a significant focus of scientific and popular interest.

Persons who become naturalized Egyptian citizens may keep their original nationality if the other country permits it.

Egypt Passport Mobility ranked in the Global Passport with 50 visa-free countries.

Egypt’s economy is projected to grow by 5.8% of GDP in 2020

Egypt’s tourism is projected to hit a record of $15.1 billion in 2020 and $17.3 billion in 2021.

Egyptian Citizenship could be granted by the Prime Minister under Law to foreigners who seek to obtain the Egyptian Nationality by making an approved in the country.

Investment criteria

The Egyptian Citizenship by Investment Program requires applicants to complete one the investment options as outlined in Parliament Law No. 190 published by the Egyptian Government on March 14th, 2020.

OPTION 1

DONATION

INVESTMENT - $250,000

The investor is required to make a non-refundable contribution to the Citizenship by Investment Unit of $250,000.

OPTION 2

rEAL ESTATE INVESTMENT

MINIMUM INVESTMENT - $300,000

The investor is required to purchase one or more properties with a minimum investment of $300,000 and held for a minimum of 5 years.

OPTION 3

COMPANY ESTABLISHMENT

MINIMUM INVESTMENT - $450,000

The investor is required to establish a new company in Egypt or invest in a previously established company. The investor must make a minimum investment of $350,000. In addition, they are required to make a $100,000 donation to the Government of Egypt.

OPTION 4

BANK DEPOSIT

MINIMUM INVESTMENT - $500,000

The investor may choose to make a bank deposit of $500,000 refunded after 3 years without interest at the local exchange rate at the time of refund.

LOCATION: Northeast corner of Africa and southwest corner of Asia
CAPITAL CITY: Cairo
TOTAL AREA: 1,010,408 Km
TIME DIFFERENCE: UTC+2
LANGUAGE: Arabic
GOVERNMENT TYPE: Presidential Republic
CURRENCY: Egyptian pound
GDP (PER CAPITA): $3,561 USD
POPULATION: 101,576,517
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